Global Competitiveness Report

files

Mexico

Key indicators, 2013

GDP(PPP) per capita (int’l $), 1990–2013

GDP (US$ billions)..................................... 1,258.5

GDP per capita (US$)................................. 10,630

GDP (PPP) as share (%) of world total 2.12

1990 1992

1994

1996

1998 2000 2002

2004

2006

2008

2010

2012

Global Competitiveness Index

Rank Score (out of 144) (1–7)

Stage of development

GCI 2014–2015...................................................... 61 4.3

GCI 2013–2014 (out of 148)..................................... 55 4.3

GCI 2012–2013 (out of 144)..................................... 53 4.4

GCI 2011–2012 (out of 142)..................................... 58 4.3

Basic requirements (35.9%).......................................69 4.6

Institutions .............................................................. 102 3.4

Infrastructure ............................................................ 65 4.2

1

Factor driven

Innovation

2

Efficiency driven

Institutions

7

6

5

Infrastructure

3

Innovation driven

Macroeconomic environment ................................... 53 5.0

Health and primary education................................... 71 5.7

Efficiency enhancers (50.0%).....................................60 4.2

Higher education and training................................... 87 4.0

Goods market efficiency .......................................... 86 4.2

Labor market efficiency .......................................... 121 3.7

Financial market development .................................. 63 4.1

Technological readiness............................................ 79 3.6

Market size............................................................... 10 5.6

Innovation and sophistication factors (14.1%)...........59 3.7

Business sophistication ........................................... 58 4.1

Innovation................................................................. 61 3.3

The most problematic factors for doing business

Corruption 18.6

Tax regulations 14.5

Inefficient government bureaucracy 13.3

Crime and theft 12.9

Access to financing 9.8

Tax rates 8.1

Inadequate supply of infrastructure 6.1

Restrictive labor regulations 4.1

Inadequately educated workforce 3.7

Insufficient capacity to innovate 3.1

Policy instability 1.8

Poor work ethic in national labor force 1.6

Inflation 1.1

Foreign currency regulations 0.4

Poor public health 0.4

Government instability/coups 0.3

Business sophistication

Market size

Technological readiness

Financial market development

4

3

2

1

Labor market efficiency

Macroeconomic

environment

Health and primary education

Higher education and training

Goods market efficiency

0 5 10 15 20 25 30

Percent of responses

Note: Fromthe list of factors above, respondents were asked to select the five most problematic for doing business in their country and to rank thembetween 1 (most problematic) and 5. The bars in the figure show the responses weighted according to their rankings.

270 | The Global Competitiveness Report 2014–2015

2.1: Country/Economy Profiles

Mexico

The Global Competitiveness Index in detail

1st pillar: Institutions

1.01 Property rights ....................................................... 4.0 78

1.02 Intellectual property protection ............................... 3.5 82

1.03 Diversion of public funds ........................................ 2.5 119

1.04 Public trust in politicians......................................... 2.2 114

1.05 Irregular payments and bribes................................ 3.4 99

1.06 Judicial independence............................................ 3.2 98

1.7 Favoritism in decisions of government officials ....... 2.7 99

1.8 Wastefulness of government spending................... 2.6 99

1.09 Burden of government regulation ........................... 2.9 118

1.10 Efficiency of legal framework in settling disputes .... 3.3 99

1.11 Efficiency of legal framework in challenging regs. ... 3.1 88

6th pillar: Goods market efficiency (cont’d.)

6.06 No. procedures to start a business*.......................... 6 57

6.07 No. days to start a business* ................................. 6.0 21

6.08 Agricultural policy costs.......................................... 3.0 132

6.09 Prevalence of trade barriers ................................... 4.4 70

6.10 Trade tariffs, % duty*.............................................. 8.5 92

6.11 Prevalence of foreign ownership............................. 5.1 38

6.12 Business impact of rules on FDI............................. 4.6 60

6.13 Burden of customs procedures.............................. 4.0 70

6.14 Imports as a percentage of GDP* ........................ 33.3 105

6.15 Degree of customer orientation .............................. 4.7 55

6.16 Buyer sophistication............................................... 3.5 63

1.12 Transparency of government policymaking............. 3.9 ............75

1.13 Business costs of terrorism .................................... 4.7 98

1.14 Business costs of crime and violence..................... 2.7 135

1.15 Organized crime..................................................... 2.7 140

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